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21 Jul 2017, 1:07 am by Jamie Gray and Peter Snowdon
Additionally, following engagement with HM Treasury, the FCA’s rule making powers are to be extended in relation to payment services, which will allow the FCA to apply rules to financial promotions issued by payment and e-money institutions. [read post]
21 Jul 2017, 1:07 am by Matthew Gregory and Peter Snowdon
The Governor of the BoE noted: “I am delighted that the Bank of England, the FCA and HM Treasury are working together to stimulate competition and innovation in payment services by widening access to the UK’s payment systems to non-bank payment service providers. [read post]
4 Jul 2017, 4:35 am by Charlotte Henry and Gavin Punia
The BoE has decided to develop a code for payment system operators that have been recognised by HM Treasury under the Banking Act 2009 (the Act). [read post]
3 Jul 2017, 5:19 am by Matthew Gregory and Imogen Garner
HM Treasury and the FCA have co-published a baseline report concerning the Financial Advice Market Review (FAMR). [read post]
Overall the remedies can be split into three groups: Final remedies that do not require further consultation: recommendation that HM Treasury considers bringing investment consultants into the regulatory perimeter; recommendation to the Department for Work and Pensions to remove barriers to pension scheme consolidation and pooling; recommendation to both industry and representatives to agree a standardised disclosure of costs and charges to institutional investors, asking an independent… [read post]
Our blogs are here, here and here.The JMLSG has now published final revisions to Parts 1, 2 and 3 of its guidance which will shortly be submitted to HM Treasury for Ministerial approval. [read post]
HM Treasury has now published the transposition note that accompanies the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the Regulations). [read post]
21 Jun 2017, 7:57 am by Simon Lovegrove
Chancellor’s Mansion House speech On 20 June 2017, HM Treasury published the Chancellor’s Mansion House speech. [read post]
15 Jun 2017, 10:20 pm by Ben Reeve-Lewis
That check-shirted idiot who made a huge mistake in appearing on BBC news on Wednesday to show a human face of the block management organisation whilst clumsily nailing his colours to the mast of the good ship “HMS This is regrettable but nothing to do with us It’s the firm who put up the cladding wot did it”. [read post]
15 Jun 2017, 1:01 am by rhapsodyinbooks
Pickett’s first camp was located just west of the Hudson’s Bay Company dock (left center).The above watercolor was done by a Royal Navy midshipman while standing on the deck of HMS Satellite. [read post]
13 Jun 2017, 10:04 am by Simon Lovegrove and Lisa Lee Lewis
On 15 September 2016, HM Treasury published its consultation paper on the transposition of the Fourth Money Laundering Directive (4MLD) and the Fund Transfer Regulation (FTR). [read post]
13 Jun 2017, 10:03 am by Simon Lovegrove and Albert Weatherill
The proposed revisions are intended to reflect the draft Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 that HM Treasury published in March 2017. [read post]
13 Jun 2017, 8:00 am by Dan Ernst
AXA General Insurance Ltd v HM Advocate and Others [2012]: The Nature of Devolved Legislation and the Role of the CourtsThe Honourable Mr Justice Lewis13. [read post]
8 Jun 2017, 10:32 am by Renae Lloyd
The company launched HMS Income Fund, a business development company, in 2012 and in 2014 it launched Hines Global II. [read post]
14 May 2017, 12:15 pm by EEM
Event:Seminar: Responding to Mass Displacement: An Analysis of Lebanon's Policy Response to the Syrian Refugee Crisis, Cairo, 15 May 2017 [info]Publications:Coming Home? [read post]
The power for the PRA to consider complete applications for VoPs for firms that wish to add these activities and investment types to their Part 4A permission in advance of 3 January 2018 has been granted by HM Treasury in the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2017. [read post]
24 Apr 2017, 8:38 am by Simon Lovegrove and Jack Prettejohn
View HM Treasury MoU on resolution planning and financial crisis management, 21 April 2017 [read post]